Bossco(SZ:300422)2021-10-27 16:00Financial Performance - The company's revenue for Q3 2021 was ¥813,462,904.32, a decrease of 5.98% compared to the same period last year[7]. - Net profit attributable to shareholders was ¥24,528,866.21, down 58.23% year-on-year[7]. - The basic earnings per share decreased by 60.00% to ¥0.06 for the current period[7]. - Total operating revenue for the current period is approximately ¥2.34 billion, a slight decrease from ¥2.35 billion in the previous period, representing a decrease of 0.03%[31]. - Net profit for the current period is approximately ¥101.81 million, down from ¥179.25 million, reflecting a decrease of 43.1%[32]. - Basic earnings per share decreased to ¥0.28 from ¥0.49, a decline of 42.86%[32]. - The company reported a total comprehensive income of approximately ¥102.80 million, down from ¥178.26 million, a decrease of 42.24%[32]. Cash Flow - The company's cash flow from operating activities showed a negative net amount of ¥618,438,593.63, a decline of 348.04% year-on-year[7]. - Cash flow from operating activities showed a net outflow of approximately ¥618.44 million, compared to a net outflow of ¥138.03 million in the previous period[34]. - The net cash flow from operating activities for the first nine months of 2021 was -618,438,593.63, a decrease of 348.04% compared to -138,033,471.02 in the same period of 2020, primarily due to reduced sales receipts and increased payments for goods, services, taxes, and employee compensation[17]. - The company’s investment activities resulted in a net cash outflow of approximately ¥462.73 million, compared to a net outflow of ¥987.16 million in the previous period, showing improvement[34]. - The net cash flow from investing activities improved by 53.12%, amounting to -462,732,465.00 in 2021 compared to -987,162,244.70 in 2020, mainly due to a decrease in cash paid for the purchase of fixed assets and other long-term assets[17]. - The net cash flow from financing activities increased by 41.79%, reaching 1,461,510,470.44 in 2021, up from 1,030,742,767.27 in 2020, attributed to the company's targeted stock issuance[17]. Assets and Liabilities - Total assets increased by 14.07% to ¥13,693,307,173.27 compared to the end of the previous year[7]. - As of September 30, 2021, the total assets of the company reached CNY 13.69 billion, an increase from CNY 12.00 billion at the end of 2020, representing a growth of approximately 14.05%[28]. - The company's current assets amounted to CNY 6.51 billion, up from CNY 5.24 billion in the previous year, indicating a year-over-year increase of about 24.19%[28]. - The total liabilities of the company were CNY 10.02 billion, compared to CNY 9.23 billion at the end of 2020, reflecting an increase of approximately 8.55%[29]. - The company's equity attributable to shareholders rose to CNY 3.35 billion from CNY 2.51 billion, marking a significant increase of around 33.47%[29]. - Cash and cash equivalents stood at CNY 1.87 billion, compared to CNY 1.67 billion at the end of 2020, showing a growth of about 11.88%[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,695, with no preferred shareholders having restored voting rights[20]. - Guangzhou Environmental Investment Group holds 13.73% of shares, making it the largest shareholder, followed by Wang Shuangfei with 11.09%[20]. - The total number of restricted shares at the beginning of the period was 29,063,555, with 4,422,994 shares released during the period, resulting in 24,641,311 restricted shares at the end[23]. - The company has a significant number of pledged shares, including 7,200,000 shares pledged by Wang Shuangfei and 7,600,751 shares pledged by Tibet Guangbo Environmental Investment[20]. - The company has implemented strategies to manage shareholder relationships and maintain control, as evidenced by agreements among major shareholders regarding share transfers[21]. - The company is committed to adhering to regulations regarding the lock-up of executive shares, ensuring compliance with governance standards[23]. Investments and Future Plans - The company is focused on expanding its market presence and developing new technologies, as indicated by its ongoing investments in fixed assets[17]. - The company plans to continue expanding its market presence and is actively pursuing new strategies, including potential mergers and acquisitions[27]. - The company has revised its basic system and is in the process of transferring equity stakes in subsidiaries and affiliated companies[27]. - The company’s major shareholders have increased their holdings, reflecting confidence in the company's future performance[27]. Other Financial Metrics - Investment income decreased by 94.20% to ¥719,639.36, primarily due to the previous year's transfer of equity[15]. - The company experienced a 222.23% increase in fair value changes, reaching ¥7,763,985.00, influenced by swap hedging activities[15]. - The weighted average return on net assets was 0.95%, down 1.47% compared to the previous year[7]. - The company reported a long-term investment of CNY 310.41 million, down from CNY 329.61 million, indicating a decrease of about 5.81%[28]. - The company’s financial expenses increased to approximately ¥181.44 million from ¥143.42 million, an increase of about 26.5%[31]. - The company raised approximately ¥767.20 million from investments, an increase from ¥619.88 million in the previous period, reflecting a growth of 23.83%[34]. Compliance and Reporting - The company has not audited its third-quarter report for 2021[40]. - The company implemented the new lease accounting standard starting January 1, 2021, resulting in an increase of lease assets and liabilities by ¥8,613,852.20[39].